9, HAMILTON DRIVE, MELTON MOWBRAY, LE13 0QY - £535,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 HAMILTON DRIVE is a large detached house of 127m², built sometime between 1950 and 1966. It was last sold for £535,000 in June 2023, which was around 49% above the average June 2023 detached price in the Melton local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

9 HAMILTON DRIVE Sold Prices

Land registry data shows two sales for 9 HAMILTON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 9 HAMILTON DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 5 JUN	£535,000	£358,667	49% above HPI
2004 28 MAY	£280,000	£205,881	36% above HPI

9 HAMILTON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 9 HAMILTON DRIVE sales from May 2004 and June 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2004 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2023 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 9 HAMILTON DRIVE?

9 HAMILTON DRIVE is 127m² according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 9 HAMILTON DRIVE lies on this distribution: 69% of detached houses are smaller than 9 HAMILTON DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 HAMILTON DRIVE: Plot and Title Map

9 HAMILTON DRIVE sits on a plot of roughly 0.246 of an acre, or 994m². The below map shows the location of 9 HAMILTON DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 9 HAMILTON DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 9 HAMILTON DRIVE?

9 HAMILTON DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 9 on HAMILTON DRIVE.